Camino Nuevo Charter Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,774,126 | 44,804,395 | 969,731 | 13.1 | 42% |
| 2021 | 60,583,098 | 63,767,039 | −3,183,941 | 8.6 | 29% |
| 2022 | 54,137,172 | 54,459,506 | −322,334 | 10.0 | 41% |
| 2023 | 58,747,170 | 58,356,470 | 390,700 | 9.4 | 40% |
In its most recent public year (2023), this organization brought in $390,700 more than it spent. Its reserves stood at about 9.4 months of spending, down from 13.1 in 2020. Staff pay was 40% of spending. $346,183 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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